"Jackson Online Tax-Forfeited Property Auction Garners 1,503 Bids" by Jackblog | Jackson Free Press | Jackson, MS


Jackson Online Tax-Forfeited Property Auction Garners 1,503 Bids

Verbatim from Mississippi Secretary of State Delbert Hosemann's office:

Jackson, Miss.—The final numbers are in: the Jackson online tax-forfeited property auction garnered 1,503 bids on 343 parcels. The Southport Mall Shopping Center, an abandoned commercial property at Highway 80 and Ellis Avenue, received the highest bid at $185,000.

The winning bids in the Jackson auction totaled more than $600,000, which should be distributed to the schools, the city, and the county.

Secretary of State Delbert Hosemann launched online auctions in July 2016 to streamline the purchase of properties forfeited to the State for non-payment of ad valorem taxes. More than 1,300 of the bids in the Jackson auction were online.

An online tax-forfeited property auction in Waveland garnered 458 bids on 99 parcels. More than 380 of these bids were online. The highest bid received was $12,500. In all, the winning bids for the Waveland auction totaled more than $120,000.

Successful bidders in both auctions will be notified by e-mail by the Secretary of State’s Office, and payment of the bid amount must be paid within 15 days of notification.

To view other tax-forfeited properties available for purchase, visit the Secretary of State’s tax-forfeited land search http://www.sos.ms.gov/Applications/Pages/TFSearch.aspx">here.


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